To practice as a CPA, one must have a valid certificate issued by the board of accountancy in one of the country’s 55 jurisdictions, which consists of the 50 states, the District of Columbia, Puerto Rico, Guam, U.S. Virgin Islands and Commonwealth of the Northern Mariana Islands. Each jurisdiction has individual requirements for licensure in terms of experience and education, but the one common denominator is the Uniform CPA Examination, which the AICPA creates and grades. In addition to testing knowledge of accounting and auditing, regulation and business concepts via multiple-choice questions, the CPA Exam includes simulations and written communications.
The Q3/Q4 2014 CPA Exam score release timetable is now available. Score release timelines are updated biannually on AICPA Insights and on the CPA Exam website. For more information about score release and the scoring process, please visit the Psychometrics and Scoring web page.
The National Association of State Boards of Accountancy releases the scores to candidates and state boards of accountancy based upon the target score release dates listed in the tables below.
Continue reading "CPA Exam Q3/Q4 2014 Score Release Timetables" »
Computerization of the CPA Exam has led to momentous benefits for candidates, the boards of accountancy and the CPA profession. Here are some interesting facts in celebration of the 10th anniversary of the first computerized CPA Exam delivery on April 5, 2004.
The candidate test-taking experience has improved with computerization, resulting in more available days to sit for the CPA Exam and faster score reporting. During the pencil-and-paper days, candidates could take the CPA Exam twice a year – either in May or November. The CPA Exam is now available 243 days a year (and 244 during a leap year). Before computerization, candidates waited 90 days to receive their scores. Score reporting now ranges from seven to 45 days, depending on when a candidate sits for the CPA Exam.
Continue reading "10th Anniversary of Computerized CPA Exam" »
The AICPA continues to post regular updates regarding the CPA Exam score release schedule in an effort to keep CPA Exam candidates informed. Updated score release timelines are announced twice annually on AICPA Insights and are also posted on the CPA Exam website. To eliminate confusion, candidates can use the table below to easily find their score release dates.
Continue reading "CPA Exam Q1/Q2 2014 Score Release Timelines" »
There are a few updates being implemented to make the candidate experience more user-friendly when taking the Uniform CPA Examination.
We are adding a comma to the calculator on the CPA Exam. The comma is meant for large numbers such as 1,000 and above to make them easier to read. We are also updating the tutorial to reflect a few recent changes to the CPA Exam, and at the same time we’re updating the technologies we use to present the tutorial. These changes will make it much easier for candidates to access the tutorial on a variety of hardware platforms. Both the tutorial and comma go into effect Oct. 1.
Continue reading "Updates and Resources from the CPA Exam" »
A recent AccountingWEB article by Deanna White highlighted the
steps the AICPA is taking to develop more female leaders in the accounting
"If you look at people coming up in
the ranks over the last thirty years, 50 percent of the people in the
profession are women but only 19 percent of leadership in the accounting and
finance professions right now is female," says Mary L. Bennett, chair of
the AICPA Women's
Initiatives Executive Committee and founder of MLBennett Consulting LLC.
that there is a perception that more female leadership in the accounting
profession is an issue that will take care of itself - but that's not the case.
Continue reading "In the News: AICPA Conference Focuses on Developing Female Leaders" »